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1246 E 2nd St
Long Beach, CA 90802
Multifamily Property For Sale · 20 Units

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 14,293 SF
No. Stories 2
Year Built/Renovated 1954/2018
Parking Ratio 1.26/1,000 SF
Zoning R4R, Long Beach

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • Laundry Facilities

ABOUT 1246 E 2ND ST , LONG BEACH, CA 90802

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1246 East 2nd Street, a 20-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California. Specifically, the property is located in the Alamitos Beach neighborhood, just steps from the ocean, a short walk to Downtown, and minutes to Belmont Shores. 1246 East 2nd Street was fully renovated in 2017 with upgrades including new paint, windows, entry gates, courtyard, countertops, appliances, and more. Given the demand for modern and unique housing options, 1246 East 2nd Street provides a distinct competitive advantage over other units in the area with higher asking rents. The 14,293 square foot property consists of studio, one-, two-, and three-bedroom floor plans. Originally built in 1954, 1246 East 2nd Street offers amenities including communal courtyard, custom barbecue, individual garage parking, an on-site laundry facility, controlled access, storage lockers, and more. It’s these quality amenities that will continue to drive the success of this property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7265-011-008
Land Assessment
$4,374,583
Improvements Assessment
$2,460,703
Total Assessment
$6,835,286
  • Listing ID: 15816440

  • Date on Market: 4/24/2019

  • Last Updated:

  • Address: 1246 E 2nd St, Long Beach, CA 90802

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